VA SB895 | 2025 | Regular Session
Status
Spectrum: Partisan Bill (Democrat 1-0)
Status: Introduced on January 4 2025 - 25% progression
Action: 2025-01-22 - Impact statement from TAX (SB895)
Pending: Senate Finance and Appropriations Committee
Text: Latest bill text (Introduced) [HTML]
Status: Introduced on January 4 2025 - 25% progression
Action: 2025-01-22 - Impact statement from TAX (SB895)
Pending: Senate Finance and Appropriations Committee
Text: Latest bill text (Introduced) [HTML]
Summary
Real property tax exemption; surviving spouses of members of the armed forces who died in the line of duty. Authorizes localities by ordinance to provide a total exemption from real property taxes regardless of assessed value beginning in tax years beginning on and after January 1, 2025, for surviving spouses of members of the armed forces who died in the line of duty. Under law effective January 1, 2025, a total exemption is only allowed for such surviving spouses for those dwellings in the locality with assessed values in the most recently ended tax year that are not in excess of the average assessed value for such year of a dwelling situated on property that is zoned as single family residential.
Title
Real property tax; surviving spouses of members of armed forces who died in line of duty.
Sponsors
Sen. Aaron Rouse [D] |
History
Date | Chamber | Action |
---|---|---|
2025-01-22 | Senate | Impact statement from TAX (SB895) |
2025-01-04 | Senate | Referred to Committee on Finance and Appropriations |
2025-01-04 | Senate | Prefiled and ordered printed; Offered 01-08-2025 25101300D |
Virginia State Sources
Type | Source |
---|---|
Summary | https://lis.virginia.gov/bill-details/20251/SB895 |
Text | https://lis.virginia.gov/bill-details/20251/SB895/text/SB895 |
Supplement | https://lis.blob.core.windows.net/files/1025667.PDF |